The market value of a property is multiplied by the assessment percentage (9.5%) resulting in the assessed value. The assessed value is then multiplied by the mill levy to generate property tax dollars.

The Teton County Commissioners set the mill levy based on budget requests from various taxing districts such as school districts, counties, water or sewer districts, improvement and service districts, and hospitals. These various tax districts provide services to you and they are listed on your tax notice.